Understanding the Psychology of Bitcoin Price
The cryptocurrency market trades globally 24 hours a day. Anyone who has been watching the price of Bitcoin understands the price moves very fast. Realize that people are always driving the price changes, and people are not always rational, not always emotional, but are rarely random. Since people are driving the price, the price patterns are not random and as with all markets, the psychology of the Bitcoin market matters.
Does the Brain Influence Bitcoin Price?
People prefer round numbers. Although Bitcoin can be traded in fractions, many new people buying cryptocurrency for the first time …
Read The Full Article On CryptoCurrencyNews.com
Get latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICOs, ethereum and all other cryptocurrencies. Learn How to trade on cryptocurrency exchanges.